Catholic Housing Corporation Oflansford Inc

Analysis

Catholic Housing Corporation Oflansford Inc is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Housing Corporation Oflansford Inc reported income of $175k and spending of $289k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $175k (+13%), an average of +3.0% a year. Over the whole period it spent 170% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Catholic Housing Corporation Oflansford Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Yakubian Homes ($175k), Mid-Peninsula Greenridge Inc ($175k) and Schenectady Affordable Housing Corporation ($175k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.8m against liabilities of $241k, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.